Reading Time: < 1 minute Coinbase CEO Brian Armstrong has said that a tough approach to regulating the cryptocurrency industry is holding back its development.
Reading Time: < 1 minute The British Virgin Islands Financial Services Commission has granted Huobi Group a license to operate a virtual asset trading platform.
Reading Time: < 1 minute The SEC Chairman Gary Gensler plans to support the US Congress granting additional powers to regulate the crypto market to the CFTC.
Reading Time: < 1 minute The FCA, the UK’s financial regulator, has recently warned investors about the risks of financial advice from influencers promoting crypto and forex trading.
Reading Time: < 1 minute The Dubai Virtual Assets Regulatory Authority has recently published new rules governing the advertising and promotion of cryptocurrencies.
Reading Time: < 1 minute The SEC is working on ways to register some digital assets as securities. He has said:
Reading Time: < 1 minute The governor of the Central Bank of the Philippines (BSP) has said the regulator has no plans to ban digital assets.
Reading Time: < 1 minute Elizabeth Warren has said that the Congress and the SEC should take a tougher stance on the cryptocurrency industry.
Reading Time: < 1 minute The European Parliament, the European Commission and the Council of the EU will hold a final meeting on the cryptocurrency regulation bill MiCA on June 30.
Reading Time: < 1 minute The UK Financial Conduct Authority (FCA) should “take into account” the recent volatility in the cryptocurrency market as it works on the regulatory framework for the industry.
Reading Time: < 1 minute The Australian Taxation Office (ATO) has listed cryptocurrencies and NFTs as a key focus for 2022.
Reading Time: < 1 minute Cryptocurrencies are a global phenomenon, so a coordinated effort is needed to regulate them.
Reading Time: < 1 minute Gemini COO Noah Perlman has said that the regulation of the cryptocurrency market legitimizes the industry.
Reading Time: < 1 minute The FCA has decided to meet the business halfway and shifted the registration deadlines.
Reading Time: < 1 minute The tax base for cryptocurrencies, which was introduced by Indian Finance Minister Nirmala Sitharaman, will become law in the country after being passed as an amendment to the current Finance Act.
Reading Time: < 1 minute The UK’s financial regulator has said that the growth of the crypto market without proper regulation can create risks to financial stability.
Reading Time: < 1 minute Dubai has recently unveiled a new agency that will be responsible for regulating virtual assets.
Reading Time: < 1 minute The SEC has started work to determine the eligibility of NFTs as securities as well as the application of relevant legislation to them.
Reading Time: < 1 minute The Supreme People’s Court of the People’s Republic of China has recently amended the legal norms on illegal attraction of funds, toughening criminal liability.
Reading Time: < 1 minute The Brazilian Parliament plans to consider a bill to regulate the relations between holders of digital assets.
Reading Time: < 1 minute Last week, the Italian authorities published a law aimed at combatting money laundering through digital currencies in the country.
Reading Time: < 1 minute The President of Kazakhstan has instructed at a government meeting to increase the tax on crypto mining and identify all mining farms.
Reading Time: < 1 minute The FDIC acting chairman Martin Gruenberg has said cryptos and the assessment of the risks associated with them have been among the top priorities in the work of the FDIC for this year.
Reading Time: < 1 minute The Russian authorities have estimated they will be able to receive up to 1 trillion rubles annually in taxes from participants in the crypto market.
Reading Time: < 1 minute The administration of US President Joe Biden plans to instruct federal agencies to analyze digital assets and prepare the appropriate regulatory framework to ensure national security interests.